Bridgford Foods CorporationPanjang
BRID, Long, Swing Trade
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States.
Have been watching this for a while and here is a good entry opportunity, we are definitely trading in an area of value here .
Nice consistent earnings , nice enough margins and low debt . Not to mention a very low beta of -0.02 , which has pros and cons but I see it as a positive at this time . Good risk vs reward setup , trading this one as a swing but if we enter an uptrend on the daily later on , I will likely consider a trend following setup as a future trade .
Good luck~
Have been watching this for a while and here is a good entry opportunity, we are definitely trading in an area of value here .
Nice consistent earnings , nice enough margins and low debt . Not to mention a very low beta of -0.02 , which has pros and cons but I see it as a positive at this time . Good risk vs reward setup , trading this one as a swing but if we enter an uptrend on the daily later on , I will likely consider a trend following setup as a future trade .
Good luck~
艾力克~
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
艾力克~
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.